HEMEL HEMPSTEAD, UK, 25 July 2024 – Kodak Alaris and information management specialist AAC Systems have built on their decades-long partnership to deliver a bespoke software-as-a-service (SaaS) solution on Azure to automate business-critical accounts payable processes for businesses and government agencies.
AAC Systems’ customer base comprises of local and central government agencies, large corporates and SME businesses. “The vast volume of email and the effort required to classify information and route it to the relevant team for onward processing, is perhaps the biggest pain point our customers face,” explained David Chescoe, Director at AAC Systems. “This has become increasingly prevalent within the accounts payable process, with customers frustrated by the need to manually key data into financial systems to complete approval and payment processes.”
“We needed a cloud-enabled solution that could deliver fast and accurate data extraction and validation for invoice processing and approval workflows, and we landed on KODAK Info Input Solution as the perfect software platform to support that,” co-Director Andrew Chescoe said.
The new solution, called AAC Accounts Payable Cloud, is powered by Info Input Solution, intelligent document processing (IDP) software that’s built around Kodak Alaris’ unique Open Intelligence design, which offers faster time-to-value by leveraging pre-built specialised training models for the most common document types, such as claim forms and invoices. Info Input also makes it easy to create custom training models specific to a customer’s unique document types, and to take advantage of advanced AI services from industry leaders such as Microsoft, Google, and Amazon.
The AAC Accounts Payable Cloud solution seamlessly extracts key data such as supplier name, invoice date and number, total amount, PO number, etc. from each captured invoice, and then validates the data against current system information. The results can be quickly verified by the end-user and then automatically delivered to the customer’s ERP system.
“This is only the start; we don’t see this solution as limited to the accounts payable process. It’s scalable and we can leverage the same powerful capabilities to include delivery notes, remittance notes, and purchase orders for example, and further expand our cloud offering to add even more value to our customer base,” Andrew concluded.
For more information, please visit the Kodak Alaris website at www.alarisworld.com.
AAC Systems
AAC Systems Ltd. (AAC) is a specialist provider of digital data capture solutions to large companies and public sector organisations in the UK and Europe. We embrace emerging technologies to enable clients to extract greater value from data and achieve significant gains in both process efficiency and competitive advantage.
AAC has a deep knowledge of the UK ECM market, and a wealth of experience in launching and establishing innovative technology solutions in an FT100 early stage market. The company is based in Maidenhead, Berkshire and operates UK-wide.
Established in 2006, AACS has built a substantial corporate client base of blue-chip companies in the finance and insurance sectors, along with Central and Local Government organisations.
Kodak Alaris
Kodak Alaris is a leading provider of information capture and intelligent document processing solutions that simplify business processes. We exist to help the world make sense of information with smart, connected solutions powered by decades of image science innovation. Our award-winning software, scanners, and professional services are available worldwide and through our network of channel partners. For more information, please visit AlarisWorld.com and follow us on LinkedIn, YouTube, and X.
© 2024 Kodak Alaris Inc. TM/MC/MR: Alaris
All trademarks and trade names used are the property of their respective holders. The Kodak trademark and trade dress are used under license from Eastman Kodak Company.
Contact
Brooke Crowe
Brooke.Leone@kodakalaris.com
